Accounts Payable Deputy Manager

4 days ago

Mohindra Colony Amritsar Punjab, India NAARI Full time ₹ 24,00,000 - ₹ 36,00,000 per year

Position: Deputy Manager – Accounts Payable

Location: Amritsar

Company: OCM Pvt. Ltd. (Textile Manufacturing Company)

Experience Required: 5–10 years

Salary Range: 4-6 LPA

Job Summary:

We are seeking a skilled and detail-oriented Deputy Manager – Accounts Payable to oversee and manage all aspects of vendor payments and related financial operations. The ideal candidate will have a strong background in accounting, vendor management, and process control within a manufacturing setup, preferably in the textile industry.

Key Responsibilities:

  • Manage and oversee the complete Accounts Payable function ensuring accuracy, timeliness, and compliance.
  • Review and verify vendor invoices, purchase orders, and payment terms.
  • Handle vendor reconciliation and ensure timely resolution of discrepancies.
  • Monitor GR/IR (Goods Receipt/Invoice Receipt) and coordinate with procurement and stores teams for closures.
  • Ensure timely processing of vendor payments, advances, and adjustments.
  • Prepare and monitor aging reports, ensuring no overdue payables.
  • Maintain accurate records of TDS, GST input credits, and other statutory compliances related to payments.
  • Support internal and statutory audits by providing necessary data and documentation.
  • Implement and monitor internal financial controls to improve process efficiency.
  • Coordinate with vendors, procurement, and finance teams for smooth workflow.
  • Assist in cash flow forecasting related to payable commitments.
  • Review and approve expense claims and ensure adherence to company policies.
  • Drive automation and process improvement initiatives in the payable function.

Key Skills & Requirements:

  • Graduate/Post Graduate in Commerce or Accounting (CA Inter/MBA Finance preferred).
  • Strong understanding of accounting principles, taxation (TDS/GST), and vendor management.
  • Hands-on experience with ERP systems (SAP/Tally/Oracle).
  • Excellent analytical, communication, and leadership skills.
  • Ability to handle high-volume transactions with accuracy.
  • Prior experience in manufacturing industry, preferably textiles, is highly desirable.

Interested candidates may apply with their updated resume mentioning current and expected CTC.

Job Types: Full-time, Permanent

Pay: ₹400, ₹600,000.00 per year

Benefits:

  • Health insurance
  • Provident Fund

Application Question(s):

  • Current CTC
  • Expected CTC
  • Notice period
  • Total experience in Accounts Payable
  • Total experience in Manufacturing accounts payable

Work Location: In person

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